Market Overview:
The global plastic rigid pallet tank market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for plastic rigid pallet tanks from various end-use industries, such as pharmaceuticals, food, chemicals and others. In terms of type, the high density polyethylene (HDPE) segment is expected to dominate the global market during the forecast period. This can be attributed to its properties such as high strength-to-weight ratio and resistance against corrosion and abrasion. In terms of application, the pharmaceutical industry is expected to account for a major share of the global market during the forecast period.
Product Definition:
A plastic rigid pallet tank is a container made out of one or more pieces of molded plastic. It is used to store or transport liquids, powders, and other materials.
High Density Polyethylene (HDPE):
High-Density Polyethylene (HDPE) is a widely used plastic resin in the global market. It has high demand as it can be molded easily and has excellent mechanical strength. HDPE is also resistant to solvents, acids, and bases which makes it suitable for use in food packaging applications such as soft drink bottles and milk cartons among others.
Low density polyethylene (LDPE):
LDPE is a low-density polyethylene resin that offers several beneficial properties such as high impact resistance, excellent processability, and good electrical insulation. It can be used in both rigid and flexible forms depending on the end use application. LDPE has been replacing HDPE owing to its lower volatile organic compound (VOC) content which makes it suitable for food contact applications.
Application Insights:
The others application segment includes paints and coatings, automotive, construction and agriculture. In terms of revenue, the chemical industries emerged as the largest application segment in 2017. The growth can be attributed to extensive usage in various industries such as oil & gas for transportation of chemicals used for production of fertilizers and pesticides among others.
In terms of revenue, the pharmaceutical industry is anticipated to witness a CAGR exceeding 8% from 2018 to 2030 owing to increasing healthcare spending along with technological advancements that have increased efficiency in distribution centers. Rising awareness regarding diseases such as diabetes along with rising incidences where people suffer from foot ulcers due to lack of hygiene is expected fuel demand over the forecast period.
Regional Analysis:
Asia Pacific is anticipated to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing industrialization and rapid urbanization in the region. The growth can be attributed to various factors such as low labor cost, easy availability of land for manufacturing units, and increased foreign investments in the manufacturing sector.
The plastic rigid pallet market in Europe is expected witness moderate growth over the forecast period owing to high product demand from industries including food & beverage, pharmaceuticals, automotive component manufacturers and logistics service providers across major countries including Germany, France Italy Spain U.K.
Growth Factors:
- Increasing demand for plastic rigid pallet tanks from the food and beverage industry as a result of the growing popularity of packaged and processed foods.
- Rising demand for plastic rigid pallet tanks in the chemical industry due to the increasing use of plastics in various chemical applications.
- Growing demand for plastic rigid pallet tanks from end-use industries such as automotive, oil & gas, and construction due to their superior properties compared to traditional storage containers made from other materials such as metal or fiberglass.
- Technological advancements that have led to the development of new and innovative designs for plastic rigid pallet tanks, making them more user-friendly and efficient than older models.
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Rigid Pallet Tank Market Research Report
By Type
High Density Polyethylene (HDPE), Low density polyethylene (LDPE), Others
By Application
Pharmaceutical, Food, Chemical Industries, Others
By Companies
SCHUTZ, Mauser Group, Greif, Snyder Industries, Time Technoplast Limited, Myers Industries, Hoover Ferguson Group, Maschiopack, WERIT, Sotralentz, Bulk Handling Australia Group Pty Ltd, Core Plastech, Elkhart Plastics, Rikutec America, Shanghai Fujiang Plastic Industry Group, Jielin, Shijiheng, ZhenJiang JinShan Packing Factory, Chuang Xiang, Pyramid Technoplast, Sintex
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Rigid Pallet Tank Market Report Segments:
The global Plastic Rigid Pallet Tank market is segmented on the basis of:
Types
High Density Polyethylene (HDPE), Low density polyethylene (LDPE), Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical, Food, Chemical Industries, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SCHUTZ
- Mauser Group
- Greif
- Snyder Industries
- Time Technoplast Limited
- Myers Industries
- Hoover Ferguson Group
- Maschiopack
- WERIT
- Sotralentz
- Bulk Handling Australia Group Pty Ltd
- Core Plastech
- Elkhart Plastics
- Rikutec America
- Shanghai Fujiang Plastic Industry Group
- Jielin
- Shijiheng
- ZhenJiang JinShan Packing Factory
- Chuang Xiang
- Pyramid Technoplast
- Sintex
Highlights of The Plastic Rigid Pallet Tank Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Density Polyethylene (HDPE)
- Low density polyethylene (LDPE)
- Others
- By Application:
- Pharmaceutical
- Food
- Chemical Industries
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Plastic Rigid Pallet Tank Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A plastic rigid pallet tank is a large, durable container made from plastic that can hold a lot of liquid. They are often used to store liquids like oil or gasoline, and are often used in warehouses or factories.
Some of the major companies in the plastic rigid pallet tank market are SCHUTZ, Mauser Group, Greif, Snyder Industries, Time Technoplast Limited, Myers Industries, Hoover Ferguson Group, Maschiopack, WERIT, Sotralentz, Bulk Handling Australia Group Pty Ltd, Core Plastech, Elkhart Plastics, Rikutec America, Shanghai Fujiang Plastic Industry Group, Jielin, Shijiheng, ZhenJiang JinShan Packing Factory, Chuang Xiang, Pyramid Technoplast, Sintex.
The plastic rigid pallet tank market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plastic Rigid Pallet Tank Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Plastic Rigid Pallet Tank Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Plastic Rigid Pallet Tank Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Plastic Rigid Pallet Tank Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Plastic Rigid Pallet Tank Market Size & Forecast, 2018-2028 4.5.1 Plastic Rigid Pallet Tank Market Size and Y-o-Y Growth 4.5.2 Plastic Rigid Pallet Tank Market Absolute $ Opportunity
Chapter 5 Global Plastic Rigid Pallet Tank Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Plastic Rigid Pallet Tank Market Size Forecast by Type
5.2.1 High Density Polyethylene (HDPE)
5.2.2 Low density polyethylene (LDPE)
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plastic Rigid Pallet Tank Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Plastic Rigid Pallet Tank Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Food
6.2.3 Chemical Industries
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plastic Rigid Pallet Tank Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Plastic Rigid Pallet Tank Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Plastic Rigid Pallet Tank Analysis and Forecast
9.1 Introduction
9.2 North America Plastic Rigid Pallet Tank Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Plastic Rigid Pallet Tank Market Size Forecast by Type
9.6.1 High Density Polyethylene (HDPE)
9.6.2 Low density polyethylene (LDPE)
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Plastic Rigid Pallet Tank Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Food
9.10.3 Chemical Industries
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Plastic Rigid Pallet Tank Analysis and Forecast
10.1 Introduction
10.2 Europe Plastic Rigid Pallet Tank Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Plastic Rigid Pallet Tank Market Size Forecast by Type
10.6.1 High Density Polyethylene (HDPE)
10.6.2 Low density polyethylene (LDPE)
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Plastic Rigid Pallet Tank Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Food
10.10.3 Chemical Industries
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Plastic Rigid Pallet Tank Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plastic Rigid Pallet Tank Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Plastic Rigid Pallet Tank Market Size Forecast by Type
11.6.1 High Density Polyethylene (HDPE)
11.6.2 Low density polyethylene (LDPE)
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Plastic Rigid Pallet Tank Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Food
11.10.3 Chemical Industries
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Plastic Rigid Pallet Tank Analysis and Forecast
12.1 Introduction
12.2 Latin America Plastic Rigid Pallet Tank Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Plastic Rigid Pallet Tank Market Size Forecast by Type
12.6.1 High Density Polyethylene (HDPE)
12.6.2 Low density polyethylene (LDPE)
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Plastic Rigid Pallet Tank Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Food
12.10.3 Chemical Industries
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Plastic Rigid Pallet Tank Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plastic Rigid Pallet Tank Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Plastic Rigid Pallet Tank Market Size Forecast by Type
13.6.1 High Density Polyethylene (HDPE)
13.6.2 Low density polyethylene (LDPE)
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Plastic Rigid Pallet Tank Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Food
13.10.3 Chemical Industries
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Plastic Rigid Pallet Tank Market: Competitive Dashboard
14.2 Global Plastic Rigid Pallet Tank Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SCHUTZ
14.3.2 Mauser Group
14.3.3 Greif
14.3.4 Snyder Industries
14.3.5 Time Technoplast Limited
14.3.6 Myers Industries
14.3.7 Hoover Ferguson Group
14.3.8 Maschiopack
14.3.9 WERIT
14.3.10 Sotralentz
14.3.11 Bulk Handling Australia Group Pty Ltd
14.3.12 Core Plastech
14.3.13 Elkhart Plastics
14.3.14 Rikutec America
14.3.15 Shanghai Fujiang Plastic Industry Group
14.3.16 Jielin
14.3.17 Shijiheng
14.3.18 ZhenJiang JinShan Packing Factory
14.3.19 Chuang Xiang
14.3.20 Pyramid Technoplast
14.3.21 Sintex